Tagged: crypto investments

January 5, 2022 @ 8:57 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending December 31, 2021, the firm saw yearly inflows of “US$9.3bn in… Read More

December 30, 2021 @ 7:24 pm By Omar Faridi  |  

In September of this year, the team at Robinhood (NASDAQ:HOOD) had announced that crypto wallets were coming to the platform—enabling clients to not only trade, but send and receive virtual currency via the Robinhood app. Robinhood wrote in a blog post that they’d long heard… Read More

December 30, 2021 @ 3:07 pm By Omar Faridi  |  

At digital assets firm Gemini, they are focused on developing the next generation of financial services by leveraging the transformative power of blockchain or distributed technology (DLT) and cryptocurrency. Via the Gemini Frontier Fund — their strategic venture investment division — the company has  embarked… Read More

December 27, 2021 @ 1:34 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global supporter of evolution of digital P2P payments, shared the results of a consumer survey that offers insights into cross-border money transfer flows going into 2022. Results reveal that as the requirements of family and friends abroad continue to… Read More

December 22, 2021 @ 12:05 pm By Omar Faridi  |  

Kraken, which claims to be one of the largest digital asset platforms, announced it has acquired Staked for “an undisclosed sum.” Staked is described as a non-custodial staking platform that “enables investors in Proof-of-Stake networks to easily and securely compound their holdings.” According to an… Read More

December 20, 2021 @ 9:41 am By Omar Faridi  |  

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

December 19, 2021 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has reportedly invested in the League of Kingdoms (LoK), which claims to be the world’s first decentralized MMO NFT strategy game built on Ethereum (ETH). In LoK, players are able to build various kingdoms… Read More

December 12, 2021 @ 12:44 pm By Omar Faridi  |  

Digital asset platform CoinList is pleased to confirm that registrations for the pSTAKE Token Sale are currently open. pSTAKE is the protocol that “unlocks liquidity for your staked assets,” the update from CoinList explained. The company also mentioned that with pSTAKE, you can “stake your… Read More

November 20, 2021 @ 9:30 am By Omar Faridi  |  

The team at digital assets firm OKCoin notes that now you can access 20 different cryptocurrency staking and decentralized finance (DeFi) offers right via their mobile app. This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron… Read More

November 19, 2021 @ 10:52 am By Omar Faridi  |  

Beginning today (November 18, 2021), the Voyager Token (VGX) is available via Coinbase.com and in the Coinbase Android and iOS apps. Coinbase (NASDAQ:COIN) clients are now able to trade, send, receive, or store VGX “in most Coinbase-supported regions, with certain exceptions indicated in each asset… Read More

November 18, 2021 @ 11:35 am By Omar Faridi  |  

Bitstamp, which claims to be the longest-running crypto exchange, has announced Copper.co, the institutional gateway to crypto-asset investing, as an additional custody provider. Copper’s crypto custody solution should allow Bitstamp to provide a new set of crypto-assets to its clients across the globe, beginning with… Read More

November 18, 2021 @ 11:25 am By Omar Faridi  |  

CoinSmart Financial Inc., which claims to be one of Canada’s leading digital asset trading platforms, has announced the launch of its mobile trading app for iOS and Android devices. The new mobile app aims to improve the onboarding, digital asset purchasing, selling, and trading process… Read More

November 16, 2021 @ 7:28 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 15) that for the week ending November 12,… Read More

November 14, 2021 @ 8:04 pm By Omar Faridi  |  

Bahrain-based digital asset trading platform CoinMENA has acquired $9.5 million via a seed round. @CoinMENA Raises $9.5M Seed Fund #CoinMENA #Blockchain #Cryptocurrency #Crypto #DeFi https://t.co/vVH1vVj6ED pic.twitter.com/V05Ii2CabS — Head of DeFi @Spectrum Search – Blockchain Bully (@JobsBlockhain) November 12, 2021 As mentioned in the announcement, this… Read More

November 14, 2021 @ 2:27 pm By Omar Faridi  |  

The team at UK-based digital bank Revolut notes that in December 2020, they had published a blog post to let clients know that if they were holding any XRP tokens in their Revolut accounts at midnight UTC on December 12, 2020, then they would qualify or… Read More

November 13, 2021 @ 6:42 pm By Omar Faridi  |  

Alto Solutions, Inc., a self-directed IRA platform that makes it easier for people to make investments into alternative assets via tax-advantaged retirement funds, announced on November 11, 2021 that Alto CryptoIRA has managed to surpass 100 crypto coins and virtual tokens. As mentioned in an… Read More

November 8, 2021 @ 10:25 am By Omar Faridi  |  

Digital banking platform innovator Technisys recently formed a partnership with OkCoin, a globally-accessible crypto exchange serving 190 countries, in order to help traditional banks with supporting Bitcoin (BTC) and other virtual currency services — “enabling banks to elevate the customer experience and uncover new revenue… Read More

November 7, 2021 @ 1:47 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

October 31, 2021 @ 11:47 am By Omar Faridi  |  

The team at digital assets firm Kraken notes that after a “predictably underwhelming” September in the crypto-asset markets, “history was made in October as BTC hit new all-time highs.” Kraken wrote in an extensive report that, as foreshadowed last month, data “indicates that a supply… Read More

October 13, 2021 @ 7:52 am By Omar Faridi  |  

Celsius Network, the international digital currency earning and borrowing platform, reveals that it has finalized a $400 million investment that was led by WestCap, a growth equity company, as well as Caisse de dépôt et placement du Québec (CDPQ), a global investment group. The transaction… Read More